What is the difference between Cancel and Close PO
Description of Issue
What is the difference between cancelling and closing a PO?
Context
Purchase Order Change Orders
Cause
Resolution
Close PO just causes a status change to Closed. This is only used for PO's without a balance. It does not affect the encumbrance.
Cancel PO is used for a PO with a balance on it. This affects the encumbrance.
Additional Information